Selling crypto safely: the 7 golden rules
Peer-to-peer trading is the number one hunting ground for scammers in Africa: fake buyers sending doctored payment screenshots, fake support agents, phishing links… Whether you sell via AfriKash or elsewhere, these 7 rules protect you.
Rules 1 to 3: never send anything blindly
1. Never send your crypto before receiving the official deposit address on your order ticket. An address sent by SMS, by a stranger or on social media is not an official address.
2. A payment screenshot is not a payment. Scammers forge fake Wave or Orange Money screenshots in 2 minutes. Only money actually received in YOUR account, checked in YOUR app, counts.
3. Beware of urgency. 'The rate expires in 5 minutes', 'send fast or your money is blocked': pressure is the scammer's number one tool. A serious service gives you time to verify.
Rules 4 to 5: check who you are dealing with
4. Check that you are on the official website. Fraudsters copy logos and names. On AfriKash, all official information (rates, deposit addresses) is shown on the website in your order ticket — any external channel pretending to be us is fraud.
5. No genuine service will ever ask for your recovery phrase (seed phrase), passwords or verification codes. Ever. Anyone who asks is a thief, without exception.
Rules 6 to 7: keep proof and start small
6. Keep written proof of every transaction: amount, rate, deposit address, proof of payment. In a dispute, these elements make all the difference. AfriKash provides written proof for every order.
7. For a first trade with a new service, start with a small amount (10 to 50 USD). Test the full circuit — estimate, confirmation, payout — before sending large sums. That is exactly why our minimum is 10 USD.